Acceleration of Vesting of Stock Options Sample Clauses

Acceleration of Vesting of Stock Options. Vesting of stock options granted to Employee shall be accelerated upon any Change of Control to the extent set forth in the applicable stock option agreement(s) between the Company and Employee. Employee will be entitled to exercise such stock options in accordance with such option agreements.
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Acceleration of Vesting of Stock Options. The Company granted the Executive two (2) stock options on June 12, 1997 (Option Numbers 001300 and 001301) (the "Options"). As of the date hereof, approximately 99,144 shares subject to Option Number 001300 are unvested and approximately 21,690 shares subject to Option Number 001301 are unvested. The vesting of the shares subject to such Options shall be accelerated as follows:
Sample 1
Acceleration of Vesting of Stock Options. If (i) your employment with the Company is terminated because the Company is acquired or (ii) you terminate your employment with the Company after an acquisition of the Company because you are not offered a position with the successor in interest of the Company comparable in salary and responsibility to the position with the Company which you held prior to such acquisition, then each option to purchase shares of the Company's Common Stock under the Company's 1996 Equity Incentive Plan or a successor plan which you hold, including the option described in Section 4 of this agreement, shall become vested as to one hundred percent (100%) of the Shares as to which such option is unvested as of such time, and you will be permitted to exercise each such option, to the extent (and only to the extent) that it has not yet been exercised as of your date of termination, at any time until the earlier to occur of (i) twelve (12) months after your date of termination or (ii) the expiration date of such option. If you terminate your employment with the Company at your own discretion after an acquisition of the Company in which you are offered a position with the successor in interest of the Company comparable in salary and responsibility to the position with the Company which you held prior to such acquisition, then each option to purchase shares of the Company's Common Stock under the Company's 1996 Equity Incentive Plan or a successor plan which you hold, including the option described in Section 4 of this agreement, shall become vested as to fifty percent (50%) of the Shares as to which such option is unvested as of such time, and you will be permitted to exercise each such option, to the extent (and only to the extent) that it is vested and has not yet been exercised as of your date of termination, at any time until the earlier to occur of (i) twelve (12) months after your date of termination or (ii) the expiration date of such option.
Sample 1
Acceleration of Vesting of Stock Options. The Compensation Committee of the Board of Directors has resolved, in accordance with Section 6.03(c) of the 2000 Stock Plan, to accelerate the vesting of certain non-qualified stock options held by the Executive as set forth on Schedule 2 hereto.
Sample 1
Acceleration of Vesting of Stock Options. The stock options that were vested but subject to a no-sale restriction will be taken into account when calculating the total number of unvested options to be subject to acceleration of vesting as follows: 111,375 stock options subject to “no sale” restriction + 86,000 unvested options as of Termination Date = a total of 197,375. 197,375 * 25% = 49,343 unvested options to be subject to acceleration of vesting. Only the 49,343 unvested options with the lowest Exercise Price will be subject to acceleration of vesting as set forth in the table below. Grant Date Grant Number Governing Plan Exercise Price Number Of Options Subject To Acceleration Of Vesting 8/11/2003 21000631 1998 Plan $ 12.88 5,000 8/1/2006 21009180 2006 Plan $ 17.94 44,343 Total 49,343
Sample 1
Acceleration of Vesting of Stock Options. If You remain employed by jcpenney until Your Employment Termination Date all outstanding stock option awards granted under the Equity Plan and the LTIP that are unvested and would, by the terms of the applicable stock option grant notice, be forfeited as of Your Employment Termination Date will fully vest on Your Employment Termination Date and You will have until the earlier of (i) the second anniversary of Your Employment Termination Date, or (ii) the option’s “normal expiration date,” as provided in the applicable stock option grant notice, in which to exercise the option.
Sample 1
Acceleration of Vesting of Stock Options. As of the Separation Date, Employee has 157,169 unvested stock options. Company agrees to provide Employee with 50,000 accelerated vesting of certain unvested options (“Accelerated Options). The Accelerated Options shall vest on the Effective Date of this Separation Agreement. In addition, the period for Employee to exercise certain vested options shall be 10 months commencing on March 1, 2013. Other than specifically provided herein, Employee’s stock options shall continue to be governed by the Unify Corporation Amended and Restricted 1991 Stock Option Plan, Unify Corporation 2001 Stock Option Plan, and Unify Corporation 2010 Stock Plan, as applicable.
Sample 1
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Related to Acceleration of Vesting of Stock Options

  • Vesting of Stock Options All unvested stock options held by Executive, if any, shall vest immediately upon a Change of Control Termination as defined in Section 6.1.2. Executive may exercise such options in accordance with the terms and conditions of the stock option plan and the agreement pursuant to which such options were granted.

  • Acceleration of Vesting Notwithstanding any provision of the Plan or this Agreement to the contrary, in the event of a Change in Control prior to the date that the Option is fully vested and exercisable, the Option shall become immediately vested and exercisable with respect to 100% of the Shares in each remaining vesting tranche. To the extent practicable, such acceleration of vesting and exercisability shall occur in a manner and at a time which allows the Participant the ability to participate in the Change in Control with respect to the Shares of Common Stock received.

  • Vesting of Options The Option shall vest (become exercisable) in accordance with the vesting schedule shown on page 1 of this Award Agreement. Notwithstanding the vesting schedule on page 1, the Option will also vest and become exercisable:

  • Grant of Stock Options This non-qualified Stock Option is granted under and pursuant to the Plan and is subject to each and all of the provisions thereof.

  • Vesting of Awards In the event of a Change in Control, the surviving or successor entity (or its parent corporation) may continue, assume or replace awards granted to the Executive under the terms of the 2013 Equity Plan that are outstanding as of the Change in Control, and such awards or replacements therefore shall remain outstanding and be governed by their respective terms. If and to the extent that outstanding awards granted to the Executive under the terms of the 2013 Equity Plan are not continued, assumed or replaced in connection with a Change in Control, then the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. With respect to outstanding awards granted to the Executive under the terms of the 2013 Equity Plan that are subject to performance-based vesting conditions, the level of achievement of the performance-based vesting conditions shall be measured consistent with the original terms of the award to preserve the intent of the metrics, and to the extent performance can no longer be reasonably measured consistent with the original terms, the vesting of such awards shall be accelerated and such awards shall become immediately fully vested and, in the case of options, exercisable in full as of the Change in Control. The reference to "fully vested" in connection with any award subject to performance-based vesting conditions refers to vesting at the maximum level of achievement of the performance goal or goals under the award.

  • Vesting of Award Subject to Section 2(b) below and the other terms and conditions of this Agreement, this Award shall become vested in three equal annual installments on the first, second and third anniversaries of the date hereof. Unless otherwise provided by the Company, all dividends and other amounts receivable in connection with any adjustments to the Shares under Section 4(c) of the Plan shall be subject to the vesting schedule in this Section 2(a).

  • Vesting of Option The Option shall be 100% vested upon the date of grant.

  • Acceleration of Vesting Upon Change in Control [In the event that a Change in Control of the Company occurs during the Recipient’s Continuous Service, the shares of Restricted Stock subject to this Agreement shall become immediately vested as of the date of the Change in Control.]

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